Construct/expand hangar

Active Project Grant Awarded

Award ID
32100380262024
Recipient
Awarding agency
Obligated
$898,256

Award facts

Completion date 56% complete
Funding
  • $808,430.00 Federal
  • $89,825.56 Non-federal
Place of performance
Mt Sterling, KY 40353, USA

Award details come from USAspending.gov.

About this award

This $898,255.56 federal Project Grant awarded by the Federal Aviation Administration (FAA) under the Airport Improvement Program (CFDA 20.106) will fund the construction of a new 7,680 square foot 3-unit box hangar at the Mount Sterling Montgomery County Airport in Mount Sterling, Kentucky. The project aims to enhance the airport's ability to be self-sustaining by generating revenue through aircraft storage, maintenance, and service capabilities. The grant provides funding for Phase 2 of the hangar construction, which is expected to be completed by August 5, 2028. This award is part of the airport board's broader strategy to improve regional transportation infrastructure and increase the airport's operational capabilities through federal grant support.

Description

Activities and expected outcomes
This project constructs new 7,680 square foot 3-unit box hangar for aircraft storage, maintenance, or service to assist the airport to be as self-sustaining as possible by generating revenue. This grant funds phase 2, which consists of construction. Intended beneficiary: this grant will provide federal funding for airports associated with mount sterling, kentucky.

Quick answers

Who received award 32100380262024?

32100380262024 was awarded to Mount Sterling Montgomery County Airport Board by Southern Region (Federal Aviation Administration) on August 6, 2024.

How much is award 32100380262024 worth?

$898,256 has been obligated on 32100380262024: $808,430 in federal funding and $89,826 in non-federal funding.

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